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China News 09/2012 (Page 16)



Asian shares, commodities gain on relief over Spain
Credit: Reuters/Yuriko Nakao. By Chikako Mogi. TOKYO | Thu Sep 27, 2012 11:40pm EDT. TOKYO (Reuters) - Asian shares mostly rose on Friday on optimism economic reform and budget plans unveiled by Spain will help the debt-saddled nation manage its ...

Nikkei sags on China tensions despite Spain's pledged cuts
Spain budget plans seen as positive but doubts remain * Steel firms bounce as Baoshan cuts production * Olympus gains on reported tie-up with Sony By Sophie Knight TOKYO, Sept 28 (Reuters) - Japan's Nikkei share average inched down on Friday ...

Beijing Design Week: Where Made in China Is a Good Thing
“Made in China” still conjures images of cheap, mass-produced and low-quality products, but you wouldn't know it at Beijing Design Week. Geared toward international design buffs, the event shines the spotlight on both up-and-coming local designers and ...

China Minister to UN: Japan 'Stole' Disputed Islands
China's foreign minister says Japan's recent purchase of disputed islands in the East China Sea is “illegal and invalid” and that the move does not affect Beijing's historical claim to the rocky archipelago. In a speech late Thursday to the United ...

China's Stocks Rise, Paring Biggest Quarterly Loss This Year
Chinese stocks rose, narrowing the benchmark index's steepest quarterly loss this year, as a cash shortage in the banking system eased before next week's holiday. The Shanghai Composite Index climbed 1 percent to 2,077 at the 11:30 a.m. break, adding ...

Canada won't say if China involved in hacking incident
OTTAWA (Reuters) - Canada said it was aware hackers had breached security at a domestic manufacturer of software used by big energy companies, but declined to comment on a report that a Chinese group could be responsible. Calgary-based Telvent ...

TEXT-S&P summary: Hong Kong and China Gas Co. Ltd
HKCG benefits from its dominant market position in Hong Kong as the only piped-gas provider. The company has a stable customer base of more than 1.76 million accounts as of June 30, 2012, penetrating about 74% of households. It also has a balanced ...

Taiwan enters island fray, but China and Japan shrug
Advertisements. Global News Blog. Taiwan enters island fray, but China and Japan shrug. Boats from China and Japan chased each other around a set of disputed islets, setting off a diplomatic crisis. But when Taiwan entered the fray, neither side seemed ...

Chinese shippers place $4.5B order for 50 tankers as state companies spend to ...
Chinese shippers place $4.5B order for 50 tankers as state companies spend to ...

Chinese Dairy Firm Eyes $1 Billion Hong Kong IPO
By PRUDENCE HO. HONG KONG—Dairy company Liaoning Huishan Holdings (Group) Co. is asking banks to submit proposals to handle a Hong Kong initial public offering that could raise between US$800 million and US$1 billion, people with direct ...

Sources: Gilbert Arenas considering China
L.A. native Gilbert Arenas was playing pickup ball in the Lakers' practice facility as recently as Thursday, but Arenas has yet to secure a training camp invite for the coming season. Not from the Lakers or the Clippers, his two preferred destinations ...

METALS-Copper gains on Spain relief, ends quarter up 7 pct
China on holiday next week, ShFE closed Oct 1-5 * Shanghai bonded copper at 650,000 tonnes -traders * Benchmark tin spread strong as tightness persists By Susan Thomas and Eric Onstad LONDON, Sept 28 (Reuters) - Copper rose on Friday, on track for ...

What do the Chinese think of America?
With the U.S. election campaign in its final stage, China has again emerged as an issue on the campaign trail, with candidates on both sides playing to widespread public anxieties about what a rising China represents. Most Americans view China as an ...

Bo Xilai expelled from China's Communist Party
By William Wan, The Washington Post. BEIJING — China's ruling Communist Party expelled the once-powerful political leader Bo Xilai and charged him with a long list of moral and criminal wrongdoings on Friday, even as it set a date for a once-in-a ...

Asian Stocks Decline for Second Week on Europe, Growth Concerns
Asian stocks fell a second week amid concern political discord will prevent Europe from resolving its debt crisis as global growth slows. Losses were limited on speculation China will take new steps to boost the world's second-largest economy. Esprit ...

China may struggle to move beyond Bo Xilai scandal
Chinese official Bo Xilai “abused his power and made severe mistakes” covering up for his wife, Gu Kailai, who was convicted of murder in an Briton's death, according to statements on the official New China News Agency. (Andy Wong, Associated Press ...

UPDATE 3-Canada aware of two cyber attacks, won't say if China involved
Hackers broke into software firm, targeted energy company. * Canada deciding whether to approve big China takeover bid. * Canada legislator wants probe of bid to buy Nexen. * Canada spy agency concerned about industrial espionage. By David Ljunggren ...

HSBC PMI activity slide raises China Q3 growth risk
BEIJING (Reuters) - China's economy has almost certainly suffered a seventh straight quarter of slowing growth, with a new private sector survey of factory managers revealing a near year-long decline in business activity and a fresh fall in export ...

Some experts say China's currency policy is not a danger to the US economy
By Howard Schneider, The Washington Post. The value of China's currency closed Friday near a record high against the dollar, approaching what some analysts consider a fair market price and potentially easing concerns that the country's currency policy ...

Ousted From Party in China, Bo Xilai Faces Prosecution
BEIJING — Chinese leaders announced Friday that Bo Xilai, a disgraced Communist Party aristocrat, had been expelled from the party and would be prosecuted on criminal charges. The leaders also said they had scheduled the 18th Party Congress, the ...

Obama blocks Chinese firm's Oregon wind farm projects
Obama blocks Chinese firm's Oregon wind farm projects. Obama issues a rare presidential order instructing Ralls Corp. to divest itself of four Oregon wind farm projects next to a military base, citing a national security threat. print. Comments. 0 ...

UPDATE 4-Obama blocks Chinese wind farms in Oregon over security
Ralls has no plan yet to divest interests. * U.S. Treasury says order is specific to Ralls deal. * But move echoes obstacles faced by other Chinese investors. By Rachelle Younglai. WASHINGTON, Sept 28 (Reuters) - President Barack Obama blocked on ...

Exclusive: North Korea plans agriculture reforms - source
BEIJING (Reuters) - North Korea plans to allow farmers to keep more of their produce in an attempt to boost agricultural output, a source with close ties to Pyongyang and Beijing said, in a move that could boost supplies, help cap rising food prices ...

A Decline Coming for Copper and Copper Miners?
Copper is one of the world's most important metals. It serves as a general indicator of the world's economic health. Surprisingly the metal has stayed relatively strong over the past year. This could be interpreted as underlying strength in the world ...

Air China Launched its Mobile Website in the US
Published: Friday, Sep. 28, 2012 - 10:06 pm. Copyright 2012 . All rights reserved. This material may not be published, broadcast, rewritten or redistributed. BEIJING, Sept. 29, 2012 -- /PRNewswire/ -- Air China officially launched its mobile website in ...

Obama Blocks China's Second-Richest Man From Owning Wind Farm Near ...
Obama Blocks China's Second-Richest Man From Owning Wind Farm Near ...

China party boss out
8:33PM EST September 28. 2012 - BEIJING — A former Communist Party boss whose wife got a suspended death penalty sentence has been cast out of the party, Chinese state media reported Friday. Bo Xilai, the charismatic leader at the heart of Chinese ...

Yuan Climbs to Strongest Level Since 1993 on China Stimulus Bets
Sept. 28 (Bloomberg) -- The yuan climbed to its strongest level since 1993 on speculation China will step up efforts to arrest a seven-quarter slowdown in the world's second-largest economy. The People's Bank of China strengthened the reference rate by ...

Pacific Islands Dispute: China Maps Signal More Conflict
BEIJING -- One of the hottest items in bookstores across China is a map for a place that is closed to visitors, home only to animals such as goats and crabs, and the reason China's relations with Japan are at their lowest point in years. China calls ...

President Putin's Growing Gas Insanity
Einstein once said the definition of insanity 'is doing the same thing over and over again, and expecting a different outcome'. By most counts, that makes Gazprom and President Putin, pretty insane. They've spent the last decade trying to sell gas into ...


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